Hints and tips:
Related Special Reports
...Last week the BoE kept rates at 5.25 per cent for a fifth consecutive meeting, as widely expected....
...September’s planned launch of futures trading on FMX will mark a third attempt by the Cantor Fitzgerald chair to break the stranglehold of Chicago’s CME Group over the vast Treasury futures market....
...US economic growth and inflation were slower in the third quarter than previously reported, supporting the potential for a “soft landing” and the Federal Reserve’s pivot towards interest rate cuts in 2024...
...The central bank is expected to announce on Wednesday it is holding interest rates for their third straight time, keeping the federal funds rate at a 22-year high of 5.25-5.5 per cent....
...More than two-thirds of those surveyed in the FT-Chicago Booth poll think the Fed will make two or fewer cuts this year as it struggles to complete the “last mile” of its battle with inflation....
...Meanwhile, Cleveland Fed president Loretta Mester will speak about financial stability at a policy conference in Chicago....
...A third contender is Patrick Shanahan, head of Boeing’s troubled supplier Spirit AeroSystems. Boeing is in talks about a possible acquisition of Spirit, which it spun out in 2005....
...— against US offices in Chicago, San Francisco and other US cities....
...Third, the four largest US banks have paid out $630bn since 2013 in share buybacks and dividends, equalling more than 80 per cent of their net income — that’s what they are choosing to use their capital...
...Separately, Fed governor Christopher Waller will speak about using economic data to understand the economy at the bank’s St Louis branch....
...Poor data undermines trust and skews forecasting — as several central banks, including the Bank of England, discovered when it came to inflation....
...Grindr’s stock has rallied almost two-fifths since its third-quarter earnings announcement in November, boosted by news that month that the company had completed a $350mn debt restructuring, alleviating...
...Tim Spence, chief executive at Fifth Third Bank, based in Cincinnati, Ohio, said the competition for deposits remained “robust”, but that banks were no longer having to offer customers such generous terms...
...About two-thirds of American companies are incorporated in Delaware, attracted to the small, mid-Atlantic state by its sophisticated legal system....
...P&G, Fifth Third Bank, and SLB will also report earnings before the bell. India election: The first phase of voting in the country’s six-week election started today....
...The demographic accounted for two-thirds of market share gains in general merchandise....
...A new FT-Chicago Booth poll found that two-thirds of those surveyed believe the Fed will make two or fewer interest rate cuts this year as it struggles to complete the “last mile” of its battle with inflation...
...Separately, Chicago Fed president Austan Goolsbee will be in conversation with former Indian central bank governor Raghuram Rajan at a financial markets conference....
...Cutting Edge Group (CEG), a music financier, publisher and record label based in London, has secured $500mn from a syndicate of four banks, led by US lender Fifth Third Bank and Northleaf Capital....
...“There’s a learning crisis, but we are backtracking on measuring learning poverty,” said Rachel Glennerster, associate economics professor at the University of Chicago who sits on a leading educational panel...
...The IMF has said that Ukraine needs to limit its public debt levels to roughly four-fifths of GDP by 2028 and two-thirds by 2033....
...That shake-up is the driving force behind 20,000 job cuts at Citi, the third-largest US bank by assets....
...Regulators want to cap the late fees that large card issuers can charge to $8 — less than a third of their current levels. Yet you wouldn’t know it from the share prices of the card companies....
...For a bank the size of JPMorgan, the symbiotic benefits of working with a strongman are very tempting....
...A third allegation — recently raised by Paweł Mucha, a member of the Polish central bank’s management board — concerns Glapiński’s projection that the central bank would make a sizeable profit in 2023....
International Edition